Listed By:
Powell REALTORS
Address
520 Race Street, Cambridge, MD
Price
$ 850,000
Property Attributes
  • MLS#MDDO2006656
  • TypeCommercial
  • CountyDORCHESTER
  • CityCambridge
  • NeighborhoodRace Street
  • Zip21613
  • StyleRestaurant/Bar,Professional,Banquet Facility/Lodge
  • Year Built1905
  • Taxes$ 3894
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5276
  • Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description

Cambridge - turn key restaurant! Outstanding opportunity to purchase a growing, on going successful, restaurant in historic downtown. This includes all equipment, fixtures, name, good will and the building. Lil' Bitta Bull BBQ has occupied this space for 3 years with increased revenue every year. Owner will continue operating this outstanding restaurant until the new owner is on board. Seller will also consider purchase of the business and lease of the building. Additional income - second floor is leased as an entertainment venue - Ax Throwing - a sport that continues to grow. Loads of parking is provided in the free municipal parking lot just steps away.

Price History
4/8/2024 Listed $850,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning DWDD
Construction Materials Block
Year Built 1905
Property SubType Special Purpose
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar,Professional,Banquet Facility/Lodge,Other/General Retail
Accessibility Level Entry - Main
County DORCHESTER
New Construction No
Property Type Commercial Sale
Subdivision Name RACE STREET
Water Access Y/N No
Status ACTIVE
Directions use GPS
ModificationTimestamp 2024-04-17T12:34:08
City CAMBRIDGE
Buyer Agent Compensation 2.5
Zoning Description Downtown/Waterfront Development District
Total Units 1
Lot Size Square Feet 6018.00
Tax Assessed Value 210667.0
Waterfront Y/N No
Street Name RACE
Tax Annual Amount 3894.0
Property Condition Excellent
Price Per Sq Ft 161.11
Vacation Rental Y/N No
Days on Market 23
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 2
Type of Parking Off Site
Land Use Code C
Water View Y/N No
Building Area Total 5276.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 30000.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21613

Price
AVG $870K
$850K
Taxes
AVG $9,124
$3,894
Visits
AVG 63
7
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1905

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